'Builder, buyer to pay same penalty for delay' - Top Trending News, Top Trending Topics, Videos & Popular News

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    Thursday, June 13, 2019

    Home business Business News: Latest News on Business Financial News India Business & World Business News Stock Markets 'Builder, buyer to pay same penalty for delay'

    'Builder, buyer to pay same penalty for delay'

    Forcing homebuyers to pay interest in the range of 18% per annum for delay in payment of instalment while the builders themselves pay a paltry 1.5-2% for delay in project amounts to an unfair trade practice which cannot be enforced, a bench of National Consumer Disputes Redressal Commission has ruled.

    from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2WJ9NR7
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